Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Enable Royalty distribution automation #224

Open
kingster-will opened this issue Jun 28, 2024 · 1 comment
Open

Enable Royalty distribution automation #224

kingster-will opened this issue Jun 28, 2024 · 1 comment
Labels
enhancement New feature or request

Comments

@kingster-will
Copy link

Context of this change

One goal of our infra is to maximize royalty volume - where we would eventually take a fee.

Especially in the case of significant changes to the royalty logic required by apps - to ensure that those apps still choose to integrate we should have strong ancillary offerings.

One low hanging fruit is automate royalty distribution via taking fee like 0xSplits does.

Problem we’re facing (that this change will solve)

Right now, users have to manually go find their derivatives that made money and claim manually. Automatic distribution is better UX and people will likely pay for it.

Blockers / Dependencies

n.a

Directions to solve this (and which direction we are on atm)

Do like 0xSplits - allow users to define a % they want to give and anyone can permissionlessly distribute the royalties. They should be able to also change it back. % should have a maximum cap set by governance for security reasons of not draining the vaults

@kingster-will kingster-will added the enhancement New feature or request label Jun 28, 2024
Copy link

linear bot commented Jun 28, 2024

PRO-9 Enable Royalty distribution automation

Context of this change

One goal of our infra is to maximize royalty volume - where we would eventually take a fee.

Especially in the case of significant changes to the royalty logic required by apps - to ensure that those apps still choose to integrate we should have strong ancillary offerings.

One low hanging fruit is automate royalty distribution via taking fee like 0xSplits does.

Problem we’re facing (that this change will solve)

Right now, users have to manually go find their derivatives that made money and claim manually. Automatic distribution is better UX and people will likely pay for it.

Blockers / Dependencies

n.a

Directions to solve this (and which direction we are on atm)

Do like 0xSplits - allow users to define a % they want to give and anyone can permissionlessly distribute the royalties. They should be able to also change it back. % should have a maximum cap set by governance for security reasons of not draining the vaults

@kingster-will kingster-will transferred this issue from another repository Sep 5, 2024
@kingster-will kingster-will transferred this issue from storyprotocol/protocol-temp Sep 5, 2024
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
enhancement New feature or request
Projects
None yet
Development

No branches or pull requests

1 participant